FILINVEST INSTANT MOVE-IN PROMO MECHANICS
This promo is available to buyers of condominium units in High-Rise & Mid-Rise buildings that are ready for occupancy (RFO).*
The promo period is from October 1, 2016 to December 31, 2016. The date of the purchase will be based on account booking date.
Only accounts received within the promo period will be considered part of the promo, regardless of the Reservation Fee date.
With the successful bid for the privatization of the former Mimosa Leisure Estate in Clark Freeport Zone, Filinvest Development Corp. (FDC) is now poised and ideally located to develop the estate and be a key tourism player in the northern region.
Today, it carries the name Filinvest Mimosa Estate, with a refreshed promise and perspective toward residential, leisure and industrial development.
Primarily, the acquisition is part of FDC’s aggressive plunge into the...Read more
Filinvest Land, Inc. (FLI) is set to invest an additional P5 billion in the next three (3) years in Mindanao as it expands its Futura Homes economic housing, its Spatial Medium-Rise Building (MRB) portfolio with new projects in South Cotabato and Davao City. This is on top of the P4.7 billion-worth of ongoing land development including the One Oasis project in Cagayan de Oro, thus granting Filinvest a 17 project-strong...Read more
President Duterte switches on FDC Misamis 405-MW CFB Powerplant
Duterte would inaugurate the new power plant of the FDC-Misamis Power Corp. of the Filinvest Group in Villanueva, Misamis Oriental.
In July, the first unit of the 405-mw power plant was successfully synchronized to the Mindanao grid.
Juan Eugenio Roxas, FDC Misamis head, earlier said the new power plant would help ensure the supply of reliable and competitively priced power in this part of the country.
After the inauguration, Duterte is then expected...Read more
CAGAYAN DE ORO CITY, Sept. 21 (PIA) – President Rodrigo R. Duterte is slated to visit Northern Mindanao Police Regional Office (PRO) 10 Headquarters at Camp Alagar, Lapasan, Cagayan de Oro City, September 22.
He is expected to have a command conference with the camp’s highest officials and talk to police officers. T
The president will also visit Filinvest Development Corporation (FDC) Misamis coal power plant at PHIVIDEC...Read more
VILLANUEVA, Misamis Oriental, Sept. 22 – Mindanaons will be embracing a new era of change leading to economic boom as President Rodrigo R. Duterte, the first Mindanaoan president of the country, switched on the biggest base load power plant in Mindanao during an inauguration ceremony held in Villanueva town, Misamis Oriental on September 22.
This is the first power plant in the country to be commissioned under President Duterte’s...Read more
CAGAYAN DE ORO CITY – President Rodrigo Duterte is set to inaugurate the FDC Misamis Power Corp. (FDC Misamis) 405-megawatt coal-fired power plant in Villanueva, Misamis Oriental Thursday afternoon.
The President will join FDC (Filinvest Development Corp.) officials in the unveiling of the marker and in the ceremonial switch-on. He will also give a keynote speech during the program.
The power plant, said FDC Misamis vice chairman Andrew Gotianun Jr. in a...Read more
PRESIDENT Rodrigo Duterte will inaugurate today, September 22, the FDC Misamis Power Corp. (FDC Misamis) 405-megawatt coal-fired power plant in Villanueva, Misamis Oriental.
According to the Malacañang Media Accreditation and Relations Office (MARO) during the press briefing Wednesday, Duterte will join FDC officials in the unveiling of the marker and in the ceremonial switch-on and will also give a keynote speech during the program.
MARO said Duterte is expected to tour the...Read more
A TOTAL of P5 billion will be poured in by the Filinvest Land, Inc. (FLI) for the next three years in Mindanao.
This, as the project developer is set to expand its Futura Homes economic housing, its Spatial Medium-Rise Building (MRB) portfolio with new projects in South Cotabato and Davao City.
“With the government’s renewed focus towards Mindanao, we expect the demand for affordable housing to grow as new industries and investments...Read more
FDC MISAMIS Power Corp., a unit of Gotianun-led Filinvest Development Corp., said it had completed its 405-megawatt (MW) coal-fired power facility in Misamis Oriental, which was aimed at helping end the perennial power crisis faced by Mindanao.
What is now considered as Mindanao’s largest power plant, earlier reported to be worth P30 billion, is seen to provide not only competitively priced electricity, but reliable supply as well.
“Mindanao has been suffering from...Read more
The biggest power plant in Mindanao by FDC Misamis Power Corporation goes online to help ensure the supply of reliable and competitively-priced power for the region. FDC Misamis is a subsidiary of FDC Utilities, Inc. and a member of Gotianun’s Filinvest Development Corporation. CONTRIBUTED PHOTO
Filinvest’s Misamis Power Plant with a combined capacity of 405 MW (3 X 135 MW), now considered as the biggest power plant in Mindanao, has been...Read more
FILINVEST Development Corp. (FDC) booked 37% more earnings for the second quarter largely from the banking and real estate businesses, with its venture into the power sector expected to further drive results moving forward.
In a quarterly report to the Philippine Stock Exchange, the holding firm of the Gotianun family chalked a net income of P2.19 billion for the three months to June. This compares with the P1.6 billion recorded a...Read more
GOTIANUN-led Filinvest Development Corp. grew its net profit in the first six months by 28 percent year-on-year to P4.4 billion, driven mostly by the strong performance of its banking unit East West Bank.
EastWest posted a first-semester net income of P1.6 billion for the first semester, 55 percent higher year-on-year on the back of sustained growth in its core business of loans and deposits.
Income from property subsidiaries Filinvest Land Inc. (FLI)...Read more
Filinvest Land, Inc. (FLI), one of the country’s leading property developers, and its President and CEO Josephine Gotianun Yap, were recognized in the recently concluded 6th Asian Excellence Awards 2016 by Hong Kong-based publication Corporate Governance Asia. Mrs. Gotianun Yap was awarded as one of Asia’s Best CEOs for Investor Relations while Filinvest Land, Inc. was recognized as one of Asia’s Best Investor Relations Companies. In 2015, FLI embarked...Read more
Gotianun-led Filinvest Land Inc. (FLI) grew its first semester net profit by 7 percent year-on-year to P2.47 billion on higher earnings from residential development and leasing of commercial portfolio.
FLI’s first half revenue rose by 5 percent year-on-year to P9.21 billion, the company said in a statement.
The six-month performance was driven by the 13-percent growth in rental revenue to P1.52 billion.Real estate earnings rose by 4.4 percent year-on-year to P6.93 billion...Read more
STEADY rental revenues helped boost Filinvest Land, Inc.’s (FLI) profit by 7% in the first six months of the year.
In a statement on Thursday, the Gotianun-led real estate developer reported its consolidated net income hit P2.47 billion for the January to June period from the P2.31 billion logged for the same period last year.
Consolidated revenues for the first half increased by 5% to P9.21 billion, from P8.70 billion a year...Read more
GOTIANUN-led Filinvest Land Inc. (FLI) posted a 7-percent growth in six-month net profit to P2.47 billion, driven by higher rental revenues.
Six-month revenues reached P9.21 billion or an increase of 5 percent from last year, FLI reported to the Philippine Stock Exchange on Thursday.
The company’s profit growth was driven by the 13 percent growth in rental revenues.
FLI is on track to attain its target of building a portfolio of one million...Read more
WITH barely three weeks since the change of leadership in the national government, the real-estate industry welcomes the sound economic agenda of President Duterte that would definitely create an impact on the property market, according to an analyst.
Pinnacle Real Estate Consulting Services Inc. Sales and Research Director Jose Romarx Salas told the BusinessMirror that, while his policies are not entirely different—with some refinements, perhaps—from those of...Read more
THE ENERGY Regulatory Commission (ERC) has issued licenses to three new retail electricity suppliers (RES) that are keen to participate in the market under new rules on retail competition and open access. One of these is FDC Retail Electricity Sales Corp.
FDC RES is a unit of FDC Utilities, Inc., the company that holds the utility projects of the Filinvest Group and the independent power producer administrator for the 40-MW unified...Read more
GMA Kapuso Foundation (GMAKF) received overwhelming support for its programs on education through Styles and Bites at the SMX Convention Center. It is the newest festival of finely curated flavors and fanciful finds that ran from July 1 to 3.
Styles and Bites, organized by Cut Unlimited, Inc., was held for the benefit of GMAKF’s Kapuso School Development project, which builds and rehabilitates schools and classrooms in the provinces, and “Unang...Read more
The former Mimosa Leisure Estate is primed for a renaissance as Filinvest Land Inc. lays out its plans for a dynamic, mixed-use development on the sprawling 201.64-hectare property.
As the winning bidder in the privatization of the estate, Filinvest recently signed the lease agreement with Clark Development Corp. to develop, manage and operate the estate for 50 years, renewable for another 25 years.
“We are excited to implement our...Read more
Employees of Filinvest Land, Inc. (FLI) participated in the recently concluded earthquake drill at the company’s head office located along EDSA in Mandaluyong City. Guided by FLI’s own Emergency Response Team, the employees evacuated to the Sierra Madre Street side of the building where the security officials did an assessment and reiterated what to do during an actual earthquake. FLI’s Emergency Response Team President Marcelino Mendoza recaps the earthquake emergency guidelines.FLI...Read more
Filinvest Alabang, Inc. was recognized by BCI Asia Awards 2016 as one of the Philippines’ Top 10 Developers. The award was given last June 7, 2016 at New World Hotel Makati.
BCI Asia Awards recognizes top architectural firms and developers that have had the greatest impact on the built environment in Southeast Asia.
The award was received by Ms Patricia Porto, Senior Manager for Project Development.
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